Indian Bank has introduced two tier interest rate structures for saving bank accounts and will offer interest rate of 4 per cent per annum on savings account with incremental balance of over Rs 50 lakh and 3.50 per cent per annum for deposit up to Rs 50 lakh. Where is the headquarter of Indian Bank?

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	Mumbai
B	Bengaluru
C	Hyderabad
D	Chennai

Explanation:

Detailed explanation-1: -The Indian Bank savings account interest rates are around 3.50%.

Detailed explanation-2: -Fixed deposit provides highest rate of interest as a large amount of money is deposited in this account for a longer duration.

There is 1 question to complete.